U.S. employers advertised almost 7.5 million jobs at the end of March, a solid figure that signals hiring will likely remain strong in the months ahead. The Labor Department said Tuesday that job openings rose 4.8% from the previous month, while the number of people quitting their jobs slipped. Job openings jumped in construction, shipping and warehousing, health care, and a category that mostly includes restaurants and hotels. Tuesday's report, the Job Openings and Labor Turnover Survey, or JOLTS, tracks the number of available jobs, as well as total hiring, quits, and layoffs. Job openings have risen 8.6% in the past year, while total hiring in the JOLTS report has barely increased.

Source: Fox News May 07, 2019 15:03 UTC